Many imported goods from china take the import interest rate of 0%
On September 01, 2016, the Government issued the Decree No. 128/2016/ND-CP on special preferential import tariff schedule of Vietnam for the implementation of the ASEAN - China Agreement on Trade in goods from 2016 – 2018, applicable to the imported goods from Brunei Darussalam; Kingdom of Cambodia, Republic of...
Guiding the Agreement on double taxation avoidance
On December 24, 2013, the Ministry of Finance issued the Circular No. 205/2013/TT-BTC guiding the implementation of the Agreement on double taxation avoidance and prevention of tax evasion to taxes and assets between Vietnam and other countries and territories taking effective in Vietnam[...]
Exempt electricity activity permit for generating electricity
On May 29, 2015, the Ministry of Industry and Trade issue the Circular No. 10/2015/TT-BCT providing the order and procedure for issue, revocation and duration of electricity activity permit, within that, the most important content is on exemption from electricity activity permit.
Accordingly, beside the case of exempting the electricity...
Approving list of high technologies prioritized for development investment
On November 25, 2014, the Prime Minister issued the Decision No. 66/2014/QD-TTg approving the list of high technologies prioritized for development investment and the list of hi-tech products eligible for development promotion.
Accordingly, from January 15, 2015, list of high technologies prioritized for development investment includes 58 technologies instead of...
From 2015, incomes from casinos shall not be taxable
According to the Law No. 71/2014/QH13 dated November 26, 2014 amending and supplementing a Number of Articles of theLaws on Taxes approved by the National Assembly, incomes from independent professional activities of individuals possessing practice licenses or certificates in accordance with law and having an annual turnover of 100 ...
Exempt the duties and fees for import and export of means serving emergency relief
In accordance with the Decree No. 66/2014/ND-CP dated July 04, 2014 of the National Assembly detailing and guiding a number of articles of the Law on Natural Disaster Prevention and Control.[...]
The tax rate applicable to incomes from real estate transfer is 2% of the tranfer value
From January 01, 2015, The tax rate applicable to incomes from real estate transfer is 2% of the transfer value and from securities transfer is 0.1% of the securities selling price of each transfer are the important contents in the Decree No. 12/2015/ND-CP dated February 12, 2015 of the...
Publishing houses must have at least 200 m2 for use
At the Decree No. 195/2013/ND-CP dated November 21, 2013 of the Government detailing a number of articles of, and measures for implementing, the Publication Law[...]
VISA EXEMPTION FOR OVERSEAS VIETNAMESE
Taking effect on November 15, 2015, the Decree No. 82/2015/ND-CP dated September 24, 2015 of the Government prescribing visa exemption for overseas Vietnamese and foreigners who are spouses or children of overseas Vietnamese or Vietnamese citizens, having a passport or an international travel document valid for at least 1...
GUIDING THE DEPRECIATION OF ASSETS BEING HOUSES USED FOR DOING BUSINESS AND SALE
On April 12, 2017, the Ministry of Finance issued Circular No. 28/2017/TT-BTC amending and supplementing a number of articles of the Circular No. 45/2013/TT-BTC dated April 25, 2013 and the Circular No. 147/2016/TT-BTC dated October 13, 2016 guiding the management, use and depreciation of fixed assets.
According to this Circular,...
